New opportunities to 'mainstream'
Initiatives and programmes have been instrumental in building business support for climate change action.
The context we operate in has evolved and offers potential for mainstreaming, but understanding business issues, processes, drivers and barriers is essential.
Climate-related financial disclosures are a new opportunity to engage with transition risks. A guide (bit.ly/3fCQmy2) produced by IEMA and the Institute and Faculty of Actuaries draws on the insights of financial and sustainability risk practitioners.
Standards present another opportunity. The ISO 14001 environmental management systems standard requires an organisation to consider its wider context and the expectations of interested parties, to enhance its leadership focus, and to embed a lifecycle perspective across the value chain. Organisations must also analyse risks and opportunities, and consider potential impacts of changing environmental conditions on strategies and operations.
Many organisations use a form of management system standard (MSS); all ISO MSSs are based on the same structure, allowing for climate change issues to be addressed.
This is one of many considerations outlined in the ISO Guide 84, Guidelines for addressing climate change in standards, developed by ISO's Climate Change Coordination Task Force with contributions from IEMA. It provides a systematic approach, relevant principles and useful information to help standards writers address climate change.
In 2021, the World Economic Forum identified extreme weather, climate action failure and human-led environmental damage as being among the most likely risks of the next 10 years.
None of England’s water and sewerage companies achieved all environmental expectations for the period 2015 to 2020, the Environment Agency has revealed. These targets included the reduction of total pollution incidents by at least one-third compared with 2012, and for incident self-reporting to be at least 75%.
Billions of people worldwide have been unable to access safe drinking water and sanitation in their homes during the COVID-19 pandemic, according to a progress report from the World Health Organisation focusing on the UN’s sixth Sustainable Development Goal (SDG 6) – to “ensure availability and sustainable management of water and sanitation for all by 2030”.
The UK's largest defined benefit (DB) pension schemes have received a letter from the Make My Money Matter campaign urging them to set net-zero emission targets ahead of the COP26 climate summit later this year.
The sale of new diesel and petrol heavy goods vehicles (HGVs) will be banned in the UK by 2040 under proposals unveiled in the government's transport decarbonisation plan yesterday.